Oireachtas Joint and Select Committees

Thursday, 20 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion

11:15 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

It is galling for people that the insiders are still on the inside. Given that, does Mr. Walsh not think the very least that people could expect is that there would be a clear and transparent line of accountability between their public interest directors and the public and their public representatives? The witnesses are there to champion the interests of distressed mortgage holders, the public and the taxpayers first and foremost before any priorities the bank as an entity might have. Do the witnesses not think that is the very least people would expect from them and if that is not the case there is no point in them being there?

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